FORWARD AIR CORP — Director's Dealing 2016

Mar 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2016-03-07

Reporting Person: McLean Michael P (VP & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-07	Common Stock	A	1859	—	Acquired	17953.1005	Direct
2016-03-07	Common Stock	F	504	—	Disposed	17449.1005	Direct

Footnotes

F1: Shares awarded in conjunction with a Performance Share Agreement issued on 2/7/13 under the Forward Air Corporation Amended and Restated Stock Option and Incentive Plan. In accordance with the Performance Share Agreement, the number of shares awarded was determined based on the three year performance of Forward Air Corporation common stock as compared to the share price performance of a selected peer group.

F2: Stock withheld by Issuer to satisfy minimum tax withholding obligation on award of stock.